Common use of Release; Payment Date Clause in Contracts

Release; Payment Date. Notwithstanding any provision of this Agreement, any portion of the Retention Bonus which becomes payable under this Section 3.3 is conditioned on the Employee’s execution, delivery and non-revocation of a general release of claims against Nobel Learning and its affiliates in a form reasonably prescribed by Nobel Learning (the “Release”). Any payments due under this Section 3.3 will be paid to the Employee in a lump sum on the 60th day following her separation from service, provided that the Release is then irrevocable.

Release; Payment Date. Notwithstanding any provision of this Agreement, any portion of the Retention Bonus which becomes payable under this Section 3.3 is conditioned on the Employee’s execution, delivery and non-revocation of a general release of claims against Nobel Learning and its affiliates in a form reasonably prescribed by Nobel Learning (the “Release”). Any payments due under this Section 3.3 will be paid to the Employee in a lump sum on the 60th day following her his separation from service, provided that the Release is then irrevocable.